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Topic: Atlantic Lottery Prize Claiming at Scotiabank?  (Read 6761 times)
FogDevil
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« on: June 03, 2014, 09:22:30 am »

I am wondering if the Scotiabank has a policy on whether or not they pay cash for any winning Atlantic Lottery ticket between $250.00 and $9,999.95 (inclusive).  Can the winner try to cash it at a teller wicket, or would they have to go to the service desk?  Would the winner receive cash or would they receive a cheque regardless of the amount?  I always thought banks would give cash for prizes and not cheques.
BWJM
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« Reply #1 on: June 03, 2014, 12:46:17 pm »

I don't know if the Atlantic Lottery is any different, but with OLG in Ontario, winning tickets of any amount may NOT be redeemed at banks.  They must be redeemed through OLG who then (I believe) issues a cheque, or in the case of small prizes, are cashed directly at OLG retailers.

BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
 

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